Residential apartment sales to foreigners made a historic figure last November

The sales of apartments to foreigners during November of this year amounted to 7,363 apartments, achieving the highest monthly sales figure during the current year and the past three years, and an increase of 48.4% over the sales of apartments to foreigners during the same month last year.

According to official data issued by the Turkish Statistics Authority, sales of foreigners during November of this year accounted for 4.1% of the general sales of apartments throughout Turkey, as sales of apartments to foreigners during the eleven months of this year amounted to 50,735 apartments with an increase of 39.4% over sales for the same period last year.

Istanbul tops the Turkish states in foreign sales

In the details related to the sales of apartments to foreigners during November 2021, the state of Istanbul ranked first among the most selling Turkish states with the sale of 2,922 apartments, followed by the state of Antalya with the sale of 1,917 apartments while, the Turkish capital, Ankara ranked third with 428 apartments sold.

The statistical data also showed that the state of Istanbul also ranked first among the Turkish states selling apartments to foreigners during the past eleven months, with the sale of 23,169 apartments, followed by the state of Antalya with the sale of 10,557 apartments, and the state of Ankara in third place, with 3183 apartments sold.

The following table shows the most important Turkish cities that have received great demand from foreigners to buy apartments in the country during the current year.

Rank	State	Sales of residential apartments to foreigners during September 2021	Sales of apartments to foreigners during the first nine months of this year
1	İstanbul	2922 apartments	23169 apartments
2	Antalya	1917 apartments	10557 apartments
3	Ankara	428 apartments	3183 apartments
4	Mersin	343 apartments	2213 apartments
5	Yalova	218 apartments	1582 apartments
6	Bursa	175 apartments	1435 apartments
7	İzmir	219 apartments	1171 apartments
8	Sakarya	171 apartments	1062 apartments
9	Samsun	166 apartments	977 apartments
10	Trabzon	104 apartments	854 apartments

 

Iranians are at the forefront of the nationalities investing in real estate in Turkey

In the classification of foreign nationalities who purchased the most apartments in Turkey during November of this year, Iranians ranked first with the purchase of 1,406 apartments, achieving an increase of 11.14% compared to the purchases of the previous month.

Iraqis came in second place by purchasing 1,075 apartments during September 2021, achieving an increase of 16% compared to their purchases in the previous month.

The Russians ranked third among the most foreign nationalities buying apartments in Turkey during September with 836 apartments, achieving remarkable progress of 53.9% compared to their purchases in the previous month.

The numbers of purchases of the twenty nationalities most buying apartments in Turkey during September of this year were as follows:

Rank	Foreign nationality	Apartments sold to citizens of citizenship during July 2021
1	Iranians	1406
2	Iraqis	1075
3	Russians	836
4	Germans	322
5	Kazakhs	278
6	Afghan	231
7	Azerbaijanis	185
8	Kuwaitis	185
9	Philistines	169
10	Ukrainians	163
11	Jordanians	162
12	British	157
13	Americans	142
14	Lebanese	132
15	Yemenis	123
16	Chinese	117
17	Egyptians	111
18	Swedes	98
19	Pakistanis	96
20	Algerians	82

 

Edited by Imtilak Real Estate ©

Reference: Tüik

Did you like this topic? You can share it with your friends now.